Recently, the native Token of the Somnia network, SOMI, has performed impressively in the Crypto Assets market. The latest data shows that the SOMI price has surpassed 1.11 USD, with a 24-hour rise of 35.16%. Meanwhile, the volume has soared to nearly 600 million USD, and the market capitalization has exceeded 159 million USD.

As an EVM-compatible public chain featuring high performance and metaverse gaming, Somnia has attracted a lot of attention from investors. SOMI's trading range in the past 24 hours has been between $0.7897 and $0.9969, representing an increase of nearly 159% from the historical low of $0.3833.

Technical analysis shows that the 7-day K-line chart of SOMI presents a strong upward trend, with the Relative Strength Index (RSI) reaching 62, reflecting the continuous rise in market heat. Analysts point out that the recent weak U.S. non-farm payroll data may have triggered a trend of investors shifting funds towards emerging fields like the Metaverse, driving the rise of related tokens such as SOMI.

Market observers predict that if the current momentum continues, SOMI is expected to challenge the historical high of $1.5. However, investors still need to be cautious of the high volatility in the crypto assets market and make prudent decisions. With the ongoing rise of the metaverse concept, blockchain projects focused on high performance and gaming ecosystems, such as Somnia, will continue to attract attention.